Agency
In West Virginia, the duty of 'reasonable care' owed by a real estate agent to their client requires the agent to:
AGuarantee the sale at the listed price
BExercise the degree of skill and care that a reasonably competent licensee would exercise✓ Correct
CProvide legal advice on all contractual matters
DInspect every component of the property before showing
Explanation
The fiduciary duty of reasonable care (competence) requires the agent to exercise the skill, care, and diligence that a reasonably competent licensee would exercise under similar circumstances. It does not require perfection or guarantee outcomes.
Related West Virginia Agency Questions
- In West Virginia, subagency refers to:
- A West Virginia agent who acts within the scope of their authority and injures a third party may create liability for:
- Which of the following describes a transaction broker in West Virginia?
- The fiduciary duty of accounting in West Virginia requires a real estate agent to:
- A West Virginia real estate agent who has a personal financial stake in a property they are listing or selling for a client must:
- A West Virginia buyer's agent who negotiates exclusively in the buyer's best interest is fulfilling the duty of:
- A West Virginia listing agent may disclose which of the following to a buyer without breaching their fiduciary duty to the seller?
- A West Virginia listing agent discovers that the property has a leaking underground storage tank not disclosed by the seller. The agent must:
Practice More West Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free West Virginia Quiz →